704 NE Evans St (Status: Available) 715000

704, Evans St, McMinnville, OR  97128

Well-located free-standing dental office near downtown McMinnville, OR. The building has been a long-term dental office, and the current dentist commenced their 10-year lease in March of 2018 (original practice dates back to 1981). Starting March 1, 2024, the monthly rent will increase to $3,582.15 plus NNN. The lease states the rent increases annually at a negotiable increase but in no event less than 3% and no more than 5%. The tenant can renew the lease for an additional five years (at the then-market rates) by providing at most 180 days prior written notice but at least 90 days prior written notice.

Listing Details

Asset Class: Office
Year Built: 1975
Building Total Square Feet: 2618
Available Lease Space Square Feet: 4230
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: C-3

Listing Courtesy of: Macadam Forbes

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.